Reducing our Environmental Footprint and Safeguarding the Planet

We are committed to reducing our environmental footprint and safeguarding the planet for our communities and our stakeholders. As part of our Target Zero aspiration, we aim to reduce energy consumption by 20 percent and reduce greenhouse gas emissions 15 percent by 2020.

Conserving Valuable Resources

Teva is undergoing a transformation. As we have grown significantly over the past few years - primarily through acquisitions - we are developing a unified, world-class approach to managing our environmental performance and promoting responsible economic growth in all of our facilities.

To that end, we’re building the foundation, focusing on the basics - investments that enable us to provide a safe and healthy workplace, improved working environments and benefits for the planet. Many efforts currently center on reducing energy and water use (through optimizing processes and improving equipment) and waste reduction and recycling. While fundamental, these methods have achieved impressive reductions and positive financial impacts.

For example, our Ulm-Weiler facility in Germany was using a highly complex waste-water treatment plant. The reverse osmosis units satisfactorily purified water; however, the process was expensive and difficult to maintain. By analyzing the process and measuring the energy consumed, the team identified opportunities to optimize upstream sections of the plant. This saved nearly 50 percent of the energy used prior to implementing new measures; reduced chemicals and waste; and resulted in savings of approximately $107,000.

Located in a desert, our Assia site in Israel, like our other R&D facilities, relies heavily on water and electricity for cooling, ventilation, the operation of lab equipment and other necessary actions. Both resources are expensive, constituting about 25 percent of the site’s operational costs. By replacing three cooling towers with a closed loop cooling system (chiller), the team reduced water consumption by 59 percent, saving $17,000 a year, andelectricity consumption by 31 percent, saving $162,000 a year.

Pitching in Together

In 2013, we revised our Environment, Health, Safety and Sustainability policies and launched a new internal management system that will be fully rolled out by mid-2016.

Last year, we launched our EHS Excellence Awards to recognize outstanding performance among our workplaces and share learnings. More than 40 Teva sites submitted worthy examples of environmental stewardship, including reduced energy use in the Czech Republic, reduced emissions in Ireland and increased operational efficiencies and reducedwaste in Italy.

Each year since 2011 Teva has responded to the climate change information survey by the Carbon Disclosure Project, an international organization that works with thousands of companies and shareholders to disclose corporate emissions data and foster climate action. In 2014, Teva scored 96B out of a highest possible score of 100A - a significant improvement from 2013.

We are just at the beginning of our journey. In the coming year, we intend to work toward our reduction goal by investing in engineering improvements and energy management systems, adopting new technologies, and applying “Energy by Design” principles to every project. We also expect to set tangible goals for waste reduction and increased recycling while creating better workplaces for our people and the community.